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A company had revenues of 575,000, withdrawals of S10,000 and expenses of 62,000 during an accounting period. Which of the following entries should not be
A company had revenues of 575,000, withdrawals of S10,000 and expenses of 62,000 during an accounting period. Which of the following entries should not be joumalized in the closing process? Select one BA Revenues Income Summary 75.000 75,000 OB Income Summary Expenses 62.000 62.000 13,000 Income Summary 13,000 Capital OD Capital 10.000 Withdrawals O E All of these should be journalized in the closing process 10.000
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